Primax Electronics Ltd. (TWSE: 4915) today announced its consolidated revenue for May amounted to NT$4.84 billion, up 0.4% month-over-month (MoM) and down 5.3% year-over-year (YoY). For January through May, Primax’s cumulative consolidated revenue was NT$24.43 billion, a 2.7% YoY increase.
May sales were flattish MoM, as some customers continued to pull in orders in response to tariff impacts coupled with stable AIoT product shipments. However, the sharp appreciation of the NTD slightly affected revenue in NTD terms.
Although tariff uncertainty and exchange rate volatility posed challenges, Primax leverages its operational resilience to maintain solid performance. The company continues to enhance its X-IN-1 Sensory Fusion technology, expanding innovative applications in audiovisual technology and actively advancing Edge AI across public safety, AIoT (B2B) visual solutions, AI video conferencing, and automotive products. This innovation drives broader adoption of smart sensing technology in real-world applications. Meanwhile, B2B project demand remains stable, especially in AI surveillance segments, which continue to fuel growth opportunities.
Primax will closely monitor tariff policy developments and market dynamics, aiming to mitigate potential operational risks through flexible capacity planning and resilient order and supply chain management. The company is accelerating its Thailand capacity expansion, aiming to reach nearly 30% of total production value by the end of this year. In addition, Primax continues to invest in automation to enhance efficiency and provide the flexibility to meet the diverse needs of its customers. Meanwhile, the company is actively expanding into niche markets with strong growth potential such as industrial vision, acoustic inspection, and AI surveillance, strengthening its high value-added product portfolio and injecting long-term growth momentum.